Baird Maintains Neutral on Sportsman's Warehouse, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Benedict has maintained a Neutral rating on Sportsman's Warehouse (NASDAQ:SPWH) but has lowered the price target from $4 to $2.5.
September 04, 2024 | 11:18 am
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NEGATIVE IMPACT
Baird analyst Peter Benedict has maintained a Neutral rating on Sportsman's Warehouse but has lowered the price target from $4 to $2.5, indicating a less optimistic outlook.
The lowering of the price target from $4 to $2.5 by Baird suggests a negative outlook on the stock's future performance. This could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100